Opeyemi Quadri The disaster that rocked the FTX exchange caused damage to the trust the community have in cryptocurrency, though it may be a temporary one, it is a sad reminder of how Mt.Gox closed shop in a similar manner in 2014. In the next coming years, the trust in both founders Sam Bankman-Fried and Mark Karpeles … Read more
At 27 Samuel Bankman-Fried popular by his initials SBF, a son of a university professor launched a cryptocurrency exchange platform called FTX. Less than four years of operations, FTX exchange crumbled and the founder turned from being a public speaker – who everyone adored at blockchain seminars and conferences – to living nearly a ‘recluse’ life … Read more
From $1.72 on August 1, 2019, to an All-Time High of $85.02 three years after (September 9, 2021), the sudden collapse of FTX token (FTT), remains a mystery in the cryptocurrency market. Barely 14 months after its ATH, the price of FTX tokens is nearly back to where it started. It can be described as one … Read more
Following the official announcement by the founder of FTX Samuel Bankman-Fried on Friday, November 11, 2022, that he filed for bankruptcy of the crypto exchange, different authorities confirmed that the FXT exchange has been hacked. The world’s largest crypto tracking portal CoinMarketCap (CMC) on its site warned traders to be careful and warned them to, “avoid … Read more
Some time ago, it was a big deal to transfer money to someone in another country. It is a known fact that senders not only have to go through various strenuous processes but also incur transaction fees. However, things are much better today, particularly due to the advancement in financial technology. Today, anybody from almost … Read more
Many times, you have to go through a whole lot just to buy a property you can call home. And as if that is not enough, it is a different ballgame when the deal failed as planned after several attempts. That’s exactly when home buyers protection insurance comes in handy; it becomes imperative when the … Read more
Controversy isn’t strange to Elon Musk, the World’s wealthiest man and the new owner of the microblogging platform Twitter. His determination to be the sole owner of Twitter began when he started buying Twitter shares and later became the largest shareholder of the social media platform in April 2022 with a 9.1% ownership stake. The … Read more
Popular online platform TikTok took the world by storm when it was launched in September 2016. Founded by Zhang Yiming (owner of ByteDance Ltd), this short-form video hosting service is available in 154 countries. In the first quarter of 2022, it is reported that TikTok has over 1 billion monthly users. Other statistics say over … Read more
What is a credit card skimmer? Card skimmers are electronic devices that are illegally installed inside gas pumps by fraudsters to collect your financial information when you use your credit or debit card for transactions on a gas pump or at a point-of-sale terminal. How to detect credit card skimmers on gas pumps? According to … Read more
During the United States census of August 7, 1820, the population of Alabama was 144,317. It was a year after the state joined the union as the 22nd state on December 14, 1819. Over two centuries after, the Heart of Dixie increased by 4,879,962. The population was 5,024,279 in 2020 compared to 4,779,736 in the 2010 … Read more